Story by 89 WLS reporter Bill Cameron

Update: Chicago Congressman Mike Quigley is predicting an assault weapons ban will fail in Congress.

Quigley is a big backer of gun control, but at the City Club, here's how he rated the chances that the Republican controlled House will pass an assault weapons ban, "I'm banking Sammy Sosa will be in the Hall of Fame before we pass meaningful gun legislation! Look I kid about that but it's as depressing a thought that I've ever seen here. What bothers me is that Congress isn't even reflecting the opinion of the American public. The majority of gun owners don't want bad people to have guns!"

Quiigley said he doubts a bill banning assault weapons will even make it to the floor of the house.

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Mayor Emanuel is on the attack against gun makers and it has to do with city investments.

At a Washington think-tank this morning, the mayor announced he's ordered city Comptroller Amer Ahmad to kill any city pension fund investments in gun manufacturing companies and Ahmad tells me there are some but he doesn't know yet if there are a lot of such investments.

So, is this just symbolic?

Comptroller Amer Ahmad, "it might start out as symbolic, but there is a long history of using your pocketbook to speak the moral truth."

In the meantime, the mayor also wants to double jail time for various local gun violations and a countywide requirement that you report it when your gun is lost or stolen, sold or transferred.
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CHICAGO (AP) - Mayor Rahm Emanuel has ordered an analysis of Chicago's city employee pension funds to see if they hold companies that make or sell assault weapons.

Emanuel spoke on Monday in Washington about his support for new gun control measures. He says legislation should focus on limiting criminal access to guns. Separately his office announced that Emanuel ordered the pension fund analysis as a "first step" in removing the companies from city investment plans.

The mayor said the city shouldn't invest in companies that "profit from the proliferation of assault weapons." The five city funds are worth more than $13.5 billion.

Emanuel said last week that he is working on a gun control ordinance for the city after an assault weapons ban stalled in the Illinois General Assembly.
Copyright © 2013 Associated Press